Track & Trace

The need for future flexibility is paramount. It is fundamentally altering the custodian’s business model, as the emphasis changes from the traditional mechanical functions of settling trades and safe keeping of assets to value-added services for compliance, hedging services and above all, risk-intermediation.

Can identity trust be integrated with blockchain technology? The answer to that question appears to be yes, according to a recently completed proof-of-concept study conducted by Peer Ledger, a Canadian blockchain company; SAFE-BioPharma Association, the organization managing the global SAFE-BioPharma digital identity management standard; and Synchronoss, a leading provider of standards-based digital identities.

A recently completed proof of concept study demonstrates that robust identity trust can be integrated with Blockchain technology. This development has significant implications for the use of distributed electronic ledgers (i.e., Blockchain) for pharmaceutical, healthcare and other applications.

The tobacco industry's anti-counterfeiting track and trace technology has been slammed by the global tax stamp trade body, which describes it as "seriously flawed" and undermines measures to tackle illicit trade.

Serialization and aggregation catalyze a paradigm shift for the entire healthcare industry, according to the recent survey, “2016 PMMI Pharmaceutical & Medical Devices: Trends and Opportunities in Packaging Operations.”
Nearly half of survey participants were more than 50% compliant-ready to meet advancing serialization and aggregation deadlines. Of the companies interviewed that are required to serialize their products, 52% have already adopted aggregation.

Customers are demanding convenience and speed, enticing logistics firms into the virtual world

Features solutions connecting people, products and places via real-time data to transform store and shopper experience.

Attend this webinar to get up to speed with serialization regulations quickly and effectively for long term compliance & success. The webinar will evaluate the serialization landscape as it is today and compare it with our serialization industry research findings which will be revealed during the webinar. Find out where other companies are on their serialization journey, what the main pain points are and how to overcome these to ensure you meet the impending deadlines.

In order to reduce costs, you might opt for just-in-time delivery of key materials to avoid keeping too much inventory on hand. But this can be risky; if essential components don’t arrive on schedule, production downtime and delayed shipments may result.

Mandated serialisation standards across markets require pharmaceutical and medical device manufacturers to adopt specified standards to track and trace products across their supply chains. The newly updated serialisation solution from Rockwell Automation is helping these manufacturers and OEMs think beyond compliance and capitalise on major business benefits, such as long-term profitability, with a comprehensive, scalable, end-to-end supply-chain platform.

U.S. Pharmaceutical companies and the Food and Drug Administration (FDA) could soon track prescription drugs over an interoperable blockchain as a means to detect and put an end to counterfeit medicines in the market

As many as 400 contract manufacturing organisations (CMOs) will not be ready for upcoming US and EU track-and-trace regulations, says supply chain services firm TraceLink.

Increased supply chain visibility via real-time GPS tracking and condition monitoring of shipments, intermodal containers and cargo.

The industry is expected to be driven by the rising consumer concerns regarding the harmful effects regarding the usage of counterfeit products. High risk of health damage caused by the use of spurious pharmaceutical products coupled with the growth of the counterfeit pharmaceutical products are expected to emerge as the major factors responsible for the growth

You will be truly fascinated to know the current situation of logistics industries. Technological advancement, consumer behaviour, economic environment and politics all causing the industry to evolve and develop; this means that it is important to be aware of the issues that are changing the shape of logistics. Understanding the evolution or future needs of logistics industry will help industry players to embrace change and stay ahead of the curve.